ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Short Interest Update

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 6,924 shares, a drop of 77.4% from the December 31st total of 30,606 shares. Based on an average trading volume of 13,925 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 13,925 shares, the days-to-cover ratio is presently 0.5 days.

ALPS Level Four Large Cap Growth Active ETF Stock Down 0.8%

Shares of LGRO stock traded down $0.35 during mid-day trading on Thursday, reaching $41.41. The company’s stock had a trading volume of 2,022 shares, compared to its average volume of 21,812. The company’s 50 day simple moving average is $41.10 and its 200-day simple moving average is $39.98. ALPS Level Four Large Cap Growth Active ETF has a 12-month low of $27.51 and a 12-month high of $42.59. The firm has a market capitalization of $125.47 million, a PE ratio of 27.33 and a beta of 1.26.

ALPS Level Four Large Cap Growth Active ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Thursday, December 18th were paid a dividend of $0.0481 per share. This is a positive change from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend was Thursday, December 18th. This represents a $0.19 annualized dividend and a yield of 0.5%.

ALPS Level Four Large Cap Growth Active ETF Company Profile

The Level Four Large Cap Growth Active ETF (LGRO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed portfolio of US large cap stocks. Holdings are managed based on quantitative analysis and fundamental research, selecting those companies perceived to have favorable growth potential within their market sector. LGRO was launched on Aug 22, 2023 and is issued by SS&C.